XLowCards.com is an independent, for-profit web site. LowCards.com receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants’ credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site.

LowCards.com does not include all credit card companies or every available credit card offer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer’s secure web site where you can review the terms and conditions for your offer.

Finding a credit card which fits your credit profile will maximize your chances of approval and help match you with the right features based on your needs. These cards are organized based on credit scores.

LowCards is a trusted source of credit card and financial news. LowCards has been featured in over 200 news publications, including The Wall Street Journal, Forbes, CNN, Fox News, The Today Show, and more.

Samsung and Diebold Nixdorf have teamed up to revolutionize cardless ATMs. At the digital banking conference in Austin, Texas, the groups demonstrated how mobile based identity verification will work on ATMs of the future.

Card-free ATM withdrawals are nothing new. Many banks and credit unions in America now offer cardless withdrawals. Even PayPal has card-free ATMs set up for their business debit cards.

The problem with the existing technology is that it often requires a PIN or multiple authentication steps to complete a transaction. Samsung and Diebold Nixdorf have streamlined the process to “complete a secure and convenient cardless cash withdrawal in seconds.”

With the new system, users can set up a cash withdrawal on their mobile banking app before they arrive at the ATM. Then, they simply hold their phone up to the NFC reader on the machine and confirm the transaction. The phone will verify a person’s identity using facial recognition to reduce security risks, and the cash will be dispersed.

Banco Popular, a financial institution in Puerto Rico, will pilot the new system this summer. If it goes well, the technology could quickly spread in the United States. Scott Koo, CEO of Samsung SDS in America, said the company is taking the concept of Samsung Pay’s mobile transaction processing and applying it to ATM withdrawals.

“We have already shown how this works with Samsung Pay and now have extended this functionality to provide a faster and secure approach to cardless transactions.”

Connect With Us

Editorial Note: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer affiliate program. See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information, however all credit card information is presented without warranty. After you click on an offer you will be directed to the credit card issuer's web site where you can review the terms and conditions for your offer.

Advertiser Disclosure: LowCards.com is an independent, for-profit web site. LowCards.com participates in the Affiliate Network, and receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants' credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site.

LowCards.com does not include all credit card companies or every available credit card offer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer's secure web site where you can review the terms and conditions for your offer.